Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Berger Paints Pakistan Limited
Press Release | Report | History
Pharma and Chemicals Entity 16-Sep-21 Initial A- A2 Stable -
2 Islamabad Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 16-Sep-21 Maintain BBB A2 Stable -
3 Punjab Feeds Limited
Press Release | Report | History
Food and Allied Entity 16-Sep-21 Initial BBB A2 Stable -
4 Hi-Tech Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 15-Sep-21 Maintain BBB- A3 Stable -
5 Malik MIJ Chunxing Resources Recycling Company Limited
Press Release | Report | History
Engineering and Technology Entity 15-Sep-21 Initial BBB A2 Stable -
6 Sadiq Poultry (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 14-Sep-21 Maintain BBB+ A2 Stable -
7 JWS Pakistan
Press Release | Report | History
Banks Entity 14-Sep-21 Maintain BBB- A3 Positive Yes
8 Sadiq Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 14-Sep-21 Maintain BBB+ A2 Stable -
9 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Energy Entity 10-Sep-21 Maintain A A1 Stable -
10 Bestway Cement Limited
Press Release | Report | History
Infrastructure Entity 09-Sep-21 Maintain AA- A1+ Stable -
11 Din Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 08-Sep-21 Initial A- A2 Stable -
12 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 07-Sep-21 Maintain A A1 Positive -
13 Nayatel (Pvt.) Limited
Press Release | Report | History
Communication Entity 04-Sep-21 Maintain A A1 Stable -
14 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 03-Sep-21 Maintain BBB A2 Positive -
15 ThalNova Power Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 02-Sep-21 Initial A- A2 Stable -
16 BE Energy Limited
Press Release | Report | History
Energy Entity 27-Aug-21 Maintain A+ A1 Stable -
17 Etimaad Engineering (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 26-Aug-21 Upgrade BBB+ A2 Stable -
18 Warble (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 26-Aug-21 Maintain BBB- A3 Stable -
19 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 26-Aug-21 Maintain BBB- A3 Stable -
20 Fazal Rehman Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 25-Aug-21 Maintain A- A2 Positive -
21 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Aug-21 Maintain A- A2 Positive -
22 Byco Petroleum Pakistan Limited
Press Release | Report | History
Energy Entity 25-Aug-21 Maintain A- A2 Stable Yes
23 MAAKSONS ENGINEERING CORPORATION LIMITED
Press Release | Report | History
Infrastructure Entity 24-Aug-21 Maintain BBB+ A2 Stable -
24 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 23-Aug-21 Maintain BB+ A3 Stable -
25 Tufail Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 23-Aug-21 Maintain A- A2 Stable -
26 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 23-Aug-21 Maintain BBB A2 Stable -
27 AGAHE Pakistan
Press Release | Report | History
Banks Entity 21-Aug-21 Maintain BB+ A3 Positive Yes
28 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 20-Aug-21 Maintain BBB+ A2 Stable -
29 U Microfinance Bank Limited
Press Release | Report | History
Banks Entity 18-Aug-21 Maintain A A1 Stable Yes
30 National Transmission & Despatch Company Limited
Press Release | Report | History
Energy Entity 13-Aug-21 Maintain AA+ A1+ Stable -
31 Pak Suzuki Motor Company Limited
Press Release | Report | History
Auto and Allied Entity 11-Aug-21 Maintain AA- A1 Stable -
32 The General Tyre & Rubber Company of Pakistan Limited
Press Release | Report | History
Auto and Allied Entity 10-Aug-21 Upgrade A+ A1 Stable -
33 Lucky Electric Power Company Limited
Press Release | Report | History
Energy Entity 06-Aug-21 Maintain AA- A1 Stable -
34 Al Rahim Textile Industries Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-21 Maintain A- A2 Stable -
35 Sadiq Oil Extraction (Pvt.) Ltd
Press Release | Report | History
Food and Allied Entity 06-Aug-21 Maintain BBB- A3 Stable -
36 Eastern Garments (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-21 Maintain BBB+ A2 Stable -
37 Pakistan Synthetics Limited
Press Release | Report | History
Consumers Goods & Services Entity 06-Aug-21 Maintain BBB+ A2 Stable -
38 Mekotex (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-21 Maintain A- A2 Stable -
39 AWT Investments Limited
Press Release | Report | History
Capital Markets Entity 05-Aug-21 Initial AM3++ Stable -
40 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 04-Aug-21 Maintain BBB+ A2 Stable -
41 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 04-Aug-21 Maintain BBB A2 Stable -
42 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Company Entity 30-Jul-21 Maintain AA A1+ Stable -
43 Fauji Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain AA+ A1+ Stable -
44 Fatima Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain AA- A1+ Stable -
45 Pak Arab Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain A- A2 Developing Yes
46 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 30-Jul-21 Upgrade A A2 Stable -
47 Honda Centre (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 29-Jul-21 Maintain BBB A2 Stable -
48 Pakistan Oxygen Limited
Press Release | Report | History
Pharma and Chemicals Entity 29-Jul-21 Maintain A A1 Stable -
49 Engro Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 29-Jul-21 Maintain AA A1+ Stable -
50 Fazal Cloth Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Jul-21 Maintain A- A2 Positive -
51 Sindh Engro Coal Mining Company
Press Release | Report | History
Energy Entity 19-Jul-21 Maintain AA A1+ Stable -
52 ACT2 Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 19-Jul-21 Upgrade BBB+ A2 Stable -
53 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain A+ A1 Stable -
54 Nimir Resins Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain A- A2 Stable -
55 Engro Polymer & Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain AA- A1+ Positive -
56 Jamal Pipe Industries (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 16-Jul-21 Maintain BBB A2 Stable -
57 Liberty Mills Limited
Press Release | Report | History
Textile & Allied Entity 10-Jul-21 Maintain A+ A1 Stable -
58 Engro Elengy Terminal (Private) Limited
Press Release | Report | History
Energy Entity 06-Jul-21 Maintain AA- A1 Stable -
59 Pak Elektron Limited
Press Release | Report | History
Consumers Goods & Services Entity 06-Jul-21 Maintain A+ A1 Stable -
60 Amreli Steels Limited
Press Release | Report | History
Infrastructure Entity 05-Jul-21 Maintain A- A2 Stable -
61 Kohat Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 01-Jul-21 Maintain A- A2 Stable -
62 Saif Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 01-Jul-21 Maintain A- A2 Stable -
63 Descon Oxychem Limited
Press Release | Report | History
Pharma and Chemicals Entity 01-Jul-21 Maintain A A1 Positive -
64 GuarantCo Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 30-Jun-21 Maintain AAA A1+ Stable -
65 K-Electric Limited
Press Release | Report | History
Energy Entity 29-Jun-21 Maintain AA A1+ Stable -
66 Pakistan Kuwait Investment Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 29-Jun-21 Maintain AAA A1+ Stable -
67 Chanar Energy Limited
Press Release | Report | History
Energy Entity 28-Jun-21 Maintain BBB- A3 Negative Yes
68 First Women Bank Limited
Press Release | Report | History
Banks Entity 28-Jun-21 Maintain A- A2 Stable Yes
69 Bank Alfalah Limited
Press Release | Report | History
Banks Entity 26-Jun-21 Maintain AA+ A1+ Stable -
70 Bank AL Habib Limited
Press Release | Report | History
Banks Entity 26-Jun-21 Upgrade AAA A1+ Stable -
71 Faysal Bank Limited
Press Release | Report | History
Banks Entity 26-Jun-21 Maintain AA A1+ Stable -
72 The Bank of Khyber
Press Release | Report | History
Banks Entity 26-Jun-21 Maintain A A1 Stable -
73 Standard Chartered Bank (Pakistan) Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AAA A1+ Stable -
74 Nishat Hotels and Properties Ltd
Press Release | Report | History
Consumers Goods & Services Entity 25-Jun-21 Maintain A- A2 Stable Yes
75 Askari Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AA+ A1+ Stable -
76 Roomi Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 25-Jun-21 Maintain A- A2 Stable Yes
77 Pakistan Microfinance Investment Company Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-21 Maintain AA A1+ Stable Yes
78 National Bank of Pakistan
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AAA A1+ Stable -
79 Mahmood Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Jun-21 Maintain A- A2 Stable -
80 PAIR Investment Company Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-21 Maintain AA A1+ Stable -
81 ACT Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 25-Jun-21 Maintain A A1 Positive -
82 AlBaraka Bank (Pakistan) Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain A A1 Stable -
83 Soneri Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AA- A1+ Stable -
84 Pioneer Cement Limited
Press Release | Report | History
Infrastructure Entity 25-Jun-21 Maintain A A2 Negative -
85 Habib Metropolitan Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AA+ A1+ Stable -
86 Pak-Libya Holding Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-21 Maintain AA- A1+ Positive -
87 Engro Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-21 Maintain AA+ A1+ Stable -
88 Dawood Hercules Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-21 Maintain AA A1+ Stable -
89 Siddiqsons Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-21 Maintain A- A1 Stable Yes
90 Reliance Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-21 Maintain A- A2 Positive -
91 E-Vision Manufacturing Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-21 Maintain BBB A2 Stable -
92 BankIslami Pakistan Limited
Press Release | Report | History
Banks Entity 24-Jun-21 Maintain A+ A1 Positive -
93 Allied Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain AAA A1+ Stable -
94 MCB Islamic Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain A A1 Stable -
95 Master Green Energy Limited
Press Release | Report | History
Energy Entity 23-Jun-21 Maintain A A1 Developing Yes
96 MCB Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain AAA A1+ Stable -
97 Narowal Energy Limited
Press Release | Report | History
Energy Entity 23-Jun-21 Maintain AA- A1+ Stable -
98 JS Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain AA- A1+ Stable -
99 Olympia Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 21-Jun-21 Initial A- A1 Stable -
100 The Hub Power Company Limited
Press Release | Report | History
Energy Entity 21-Jun-21 Maintain AA+ A1+ Stable -
101 The Bank of Punjab
Press Release | Report | History
Banks Entity 18-Jun-21 Upgrade AA+ A1+ Stable -
102 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Jun-21 Initial BBB+ A2 Stable -
103 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Jun-21 Initial BBB+ A2 Stable -
104 Packages Limited
Press Release | Report | History
Holding Company Entity 16-Jun-21 Maintain AA A1+ Stable -
105 Ghani Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Jun-21 Upgrade A A1 Stable -
106 Avanceon Limited
Press Release | Report | History
Engineering and Technology Entity 11-Jun-21 Initial A- A2 Stable -
107 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Logistics Entity 10-Jun-21 Maintain AAA A1+ Stable -
108 LOTTE Kolson (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 09-Jun-21 Maintain A- A2 Stable -
109 Pakistan Refinery Limited
Press Release | Report | History
Energy Entity 09-Jun-21 Maintain A- A2 Stable Yes
110 Gas & Oil Pakistan Limited
Press Release | Report | History
Energy Entity 04-Jun-21 Maintain A+ A1 Stable -
111 Martin Dow Marker Limited
Press Release | Report | History
Pharma and Chemicals Entity 04-Jun-21 Initial A+ A1 Stable -
112 Panther Tyres Limited
Press Release | Report | History
Auto and Allied Entity 01-Jun-21 Maintain A A1 Stable -
113 National Refinery Limited
Press Release | Report | History
Energy Entity 28-May-21 Maintain AA+ A1+ Negative -
114 Attock Refinery Limited
Press Release | Report | History
Energy Entity 27-May-21 Maintain AA A1+ Negative Yes
115 Khadim Ali Shah Bukhari Securities Limited
Press Release | Report | History
Capital Markets Entity 26-May-21 Initial BBB+ A2 Stable -
116 Pakistan Mobile Communications Limited
Press Release | Report | History
Communication Entity 26-May-21 Upgrade AA A1 Stable -
117 Hub Power Holdings Limited
Press Release | Report | History
Holding Company Entity 21-May-21 Maintain AA A1+ Stable -
118 Sitara Petroleum Service (Pvt.) Limited
Press Release | Report | History
Energy Entity 19-May-21 Maintain A- A2 Stable -
119 TPL Corp Limited
Press Release | Report | History
Holding Company Entity 18-May-21 Maintain A A1 Stable -
120 Nishat Mills Limited
Press Release | Report | History
Textile & Allied Entity 08-May-21 Maintain AA A1+ Stable -
121 TPL Properties Limited
Press Release | Report | History
Infrastructure Entity 07-May-21 Maintain A+ A1 Stable -
122 Sefam (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 07-May-21 Maintain A- A2 Positive -
123 Flying Cement Company Limited
Press Release | Report | History
Infrastructure Entity 07-May-21 Maintain A- A2 Stable Yes
124 AL Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 07-May-21 Maintain BBB A2 Stable Yes
125 Infra Zamin Pakistan Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 04-May-21 Initial AAA A1+ Stable -
126 Alfalah CLSA Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 04-May-21 Maintain A- A1 Stable -
127 Telenor Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain A+ A1 Negative -
128 EcoPack Limited
Press Release | Report | History
Consumers Goods & Services Entity 30-Apr-21 Maintain BBB+ A2 Negative Yes
129 NRSP Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain A A1 Stable Yes
130 Shahzad Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 30-Apr-21 Maintain BBB+ A2 Stable Yes
131 Mobilink Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain A A1 Positive -
132 Apna Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain BBB+ A3 Stable Yes
133 Rustam Towel (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 29-Apr-21 Upgrade BBB A2 Stable -
134 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 29-Apr-21 Initial BBB A2 Stable -
135 FINCA Microfinance Bank Limited
Press Release | Report | History
Banks Entity 28-Apr-21 Maintain A A1 Stable Yes
136 Masood Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 26-Apr-21 Maintain A- A2 Stable Yes
137 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 26-Apr-21 Maintain BBB- A3 Stable Yes
138 Allawasaya Spinning Mills (Pvt) Limited
Press Release | Report | History
Textile & Allied Entity 26-Apr-21 Maintain BB+ A3 Stable Yes
139 SAFCO Support Foundation
Press Release | Report | History
Banks Entity 23-Apr-21 Maintain BBB A3 Stable Yes
140 Diamond Tyres Limited
Press Release | Report | History
Auto and Allied Entity 22-Apr-21 Initial A- A2 Stable -
141 Jhulay Lal Parboiled Rice Mill
Press Release | Report | History
Agriculture & Allied Entity 19-Apr-21 Maintain BBB A2 Stable -
142 National Foods Limited
Press Release | Report | History
Food and Allied Entity 19-Apr-21 Initial AA- A1 Stable -
143 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 12-Apr-21 Maintain A+ A1 Stable -
144 Cherat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 10-Apr-21 Maintain A A1 Positive -
145 Sindh Microfinance Bank Limited
Press Release | Report | History
Banks Entity 09-Apr-21 Maintain A- A2 Stable Yes
146 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 09-Apr-21 Maintain A- A2 Stable -
147 Master Wind Energy Limited
Press Release | Report | History
Energy Entity 08-Apr-21 Maintain A A1 Stable -
148 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 07-Apr-21 Maintain A- A2 Stable -
149 Masood Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 07-Apr-21 Maintain BBB+ A2 Stable Yes
150 SME Leasing Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 06-Apr-21 Downgrade B- A4 Negative Yes
151 Escorts Investment Bank Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 05-Apr-21 Maintain A- A2 Stable -
152 Secure Logistics Group (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 03-Apr-21 Maintain A- A2 Stable -
153 Gharibwal Cement Limited
Press Release | Report | History
Infrastructure Entity 02-Apr-21 Upgrade A A2 Stable -
154 Fecto Cement Limited
Press Release | Report | History
Infrastructure Entity 02-Apr-21 Maintain A- A2 Stable Yes
155 Sargodha Jute Mills Limited
Press Release | Report | History
Textile & Allied Entity 31-Mar-21 Maintain A- A2 Stable -
156 Saif Power Limited
Press Release | Report | History
Energy Entity 30-Mar-21 Maintain A+ A1 Stable -
157 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 29-Mar-21 Maintain BBB- A3 Stable Yes
158 Kohinoor Energy Limited
Press Release | Report | History
Energy Entity 26-Mar-21 Maintain AA A1+ Stable -
159 Modaraba Al-Mali
Press Release | Report | History
Non Banking Financial Institutes Entity 26-Mar-21 Maintain BBB+ A2 Developing Yes
160 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 25-Mar-21 Initial A- A2 Stable -
161 Pakistan Services Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Mar-21 Maintain A A1 Negative Yes
162 Halmore Power Generation Company Limited
Press Release | Report | History
Energy Entity 24-Mar-21 Maintain A+ A1 Stable -
163 Descon Engineering Limited
Press Release | Report | History
Infrastructure Entity 20-Mar-21 Initial AA- A1 Stable -
164 Unicol Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Mar-21 Initial A A1 Stable -
165 Maksons Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 18-Mar-21 Upgrade BBB- A2 Stable -
166 Reliance Petrochem Industries (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 16-Mar-21 Upgrade BBB+ A2 Stable -
167 Zahir Khan & Brothers
Press Release | Report | History
Infrastructure Entity 10-Mar-21 Maintain A A2 Stable -
168 ORIX Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 04-Mar-21 Maintain AA A1+ Stable -
169 D.G. Khan Cement Company Limited
Press Release | Report | History
Infrastructure Entity 04-Mar-21 Maintain AA- A1+ Stable -
170 Liberty Wind Power 2 Limited
Press Release | Report | History
Energy Entity 04-Mar-21 Initial A- A2 Stable -
171 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Communication Entity 04-Mar-21 Upgrade BBB+ A2 Stable -
172 Shujabad Agro Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 04-Mar-21 Upgrade A- A2 Stable -
173 Liberty Wind Power 1 Limited
Press Release | Report | History
Energy Entity 04-Mar-21 Initial A- A2 Stable -
174 ORIX Leasing Pakistan Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 03-Mar-21 Maintain AA+ A1+ Stable -
175 Sapphire Electric Company Limited
Press Release | Report | History
Energy Entity 26-Feb-21 Maintain AA- A1+ Stable -
176 Oursun Pakistan Limited
Press Release | Report | History
Energy Entity 26-Feb-21 Upgrade A A1 Stable -
177 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Energy Entity 25-Feb-21 Upgrade A A2 Stable -
178 Maqbool Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 20-Feb-21 Maintain BBB+ A2 Stable -
179 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Feb-21 Maintain BBB A2 Stable -
180 Gul Ahmed Electric Limited
Press Release | Report | History
Energy Entity 19-Feb-21 Upgrade A- A2 Stable -
181 Nishat Paper Products Company Limited
Press Release | Report | History
Consumers Goods & Services Entity 17-Feb-21 Initial A A1 Stable -
182 Kohat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 12-Feb-21 Maintain A A1 Stable -
183 Punjab Oil Mills Limited
Press Release | Report | History
Food and Allied Entity 11-Feb-21 Maintain BBB+ A2 Stable -
184 EGAS (Pvt.) Limited
Press Release | Report | History
Energy Entity 10-Feb-21 Maintain BBB A2 Stable -
185 Hi-Tech Edible Oils (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 09-Feb-21 Maintain BBB A2 Stable -
186 Ibrahim Fibres Limited
Press Release | Report | History
Textile & Allied Entity 08-Feb-21 Maintain AA A1+ Stable -
187 Loads Limited
Press Release | Report | History
Auto and Allied Entity 06-Feb-21 Maintain A A1 Stable -
188 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 03-Feb-21 Maintain A- A1 Stable -
189 KSB Pumps Company Limited
Press Release | Report | History
Engineering and Technology Entity 01-Feb-21 Initial A+ A1 Stable -
190 Foundation Power Company Daharki Limited
Press Release | Report | History
Energy Entity 01-Feb-21 Maintain AA- A1+ Stable -
191 Jauharabad Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 29-Jan-21 Upgrade BBB+ A2 Stable -
192 H. Sheikh Noor-ud-Din & Sons (Private) Limited
Press Release | Report | History
Textile & Allied Entity 18-Jan-21 Maintain BBB A2 Negative Yes
193 Toyota Jinnah Motors (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 18-Jan-21 Maintain BBB A2 Stable Yes
194 Spud Energy Pty Limited (Pakistan Branch)
Press Release | Report | History
Energy Entity 15-Jan-21 Upgrade A A1 Stable -
195 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Food and Allied Entity 09-Jan-21 Initial BBB- A3 Stable -
196 ISE Towers REIT Management Company Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 07-Jan-21 Initial A A1 Stable -
197 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 01-Jan-21 Upgrade AA+ A1+ Stable -
198 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 31-Dec-20 Initial A- A2 Stable -
199 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 30-Dec-20 Maintain AA- A1 Stable -
200 Zaver Petroleum Corporation (Pvt.) Limited
Press Release | Report | History
Energy Entity 30-Dec-20 Initial A- A2 Stable -
201 Tufail Chemical & Surfactants (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 30-Dec-20 Maintain A- A2 Stable -
202 Sui Southern Gas Company Limited
Press Release | Report | History
Energy Entity 24-Dec-20 Maintain A+ A1 Negative Yes
203 Airlink Communication
Press Release | Report | History
Distributors Entity 24-Dec-20 Maintain A- A1 Stable -
204 Siddiqsons Tinplate Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Dec-20 Maintain A- A2 Stable -
205 United Ethanol Industries Limited
Press Release | Report | History
Agriculture & Allied Entity 24-Dec-20 Maintain A- A2 Stable -
206 Pakistan National Shipping Corporation
Press Release | Report | History
Logistics Entity 24-Dec-20 Maintain AA A1+ Stable -
207 HUM Network Limited
Press Release | Report | History
Communication Entity 24-Dec-20 Maintain A+ A1 Developing Yes
208 EFG Hermes Pakistan Limited
Press Release | Report | History
Capital Markets Entity 24-Dec-20 Maintain A- A1 Stable -
209 Usmani International Associates (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 24-Dec-20 Maintain BB+ A3 Stable -
210 TPL Trakker Limited
Press Release | Report | History
Logistics Entity 23-Dec-20 Maintain A- A2 Stable -
211 Cherat Packaging Limited
Press Release | Report | History
Consumers Goods & Services Entity 23-Dec-20 Maintain A A1 Stable -
212 Sayban International
Press Release | Report | History
Agriculture & Allied Entity 22-Dec-20 Maintain BB+ A3 Positive -
213 Orient Petroleum Inc. (Pakistan Branch)
Press Release | Report | History
Energy Entity 22-Dec-20 Initial A- A2 Stable -
214 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 18-Dec-20 Upgrade BBB+ A2 Stable -
215 IGI Holdings Limited
Press Release | Report | History
Holding Company Entity 18-Dec-20 Maintain AA A1+ Stable -
216 Ismail Industries Limited
Press Release | Report | History
Food and Allied Entity 14-Dec-20 Maintain A A1 Stable -
217 Khaadi Pakistan (SMC-Pvt) Limited
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Textile & Allied Entity 14-Dec-20 Initial A- A2 Stable -
218 JS Global Capital Limited
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Capital Markets Entity 14-Dec-20 Maintain AA A1+ Stable -
219 Mega Conglomerate (Pvt.) Limited
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Holding Company Entity 14-Dec-20 Maintain AA- A1 Stable -
220 Pak Arab Refinery Limited
Press Release | Report | History
Energy Entity 10-Dec-20 Maintain AAA A1+ Stable -
221 Kingcrete Builders
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Infrastructure Entity 03-Dec-20 Upgrade BBB A2 Stable -
222 Sapphire Finishing Mills Limited
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Textile & Allied Entity 27-Nov-20 Maintain A A1 Stable -
223 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 24-Nov-20 Maintain A A1 Stable -
224 Sapphire Fibres Limited
Press Release | Report | History
Textile & Allied Entity 23-Nov-20 Maintain A+ A1 Stable -
225 Ahmed Fine Weaving Limited
Press Release | Report | History
Textile & Allied Entity 18-Nov-20 Maintain A- A2 Stable -
226 Gul Ahmed Energy Limited
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Energy Entity 10-Nov-20 Initial A- A2 Stable -
227 Pharmagen Limited
Press Release | Report | History
Pharma and Chemicals Entity 06-Nov-20 Upgrade A- A2 Stable -
228 Sui Northern Gas Pipelines Limited
Press Release | Report | History
Energy Entity 06-Nov-20 Maintain AA- A1 Stable -
229 Ghandhara Nissan Limited
Press Release | Report | History
Auto and Allied Entity 05-Nov-20 Maintain A A1 Stable -
230 Ghandhara Industries Limited
Press Release | Report | History
Auto and Allied Entity 05-Nov-20 Maintain A A1 Stable -
231 Orient Rental Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 04-Nov-20 Initial A- A2 Stable -
232 Habibullah Coastal Power Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 04-Nov-20 Maintain A A1 Developing Yes
233 Islamabad Farms
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Food and Allied Entity 29-Oct-20 Maintain BBB- A3 Stable -
234 Kangore Traders
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Agriculture & Allied Entity 29-Oct-20 Upgrade BBB A2 Stable -
235 AGP Limited
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Pharma and Chemicals Entity 29-Oct-20 Maintain A+ A1 Stable -
236 Zahidjee Textile Mills Limited
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Textile & Allied Entity 29-Oct-20 Maintain A- A2 Positive -
237 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 28-Oct-20 Upgrade BBB- A2 Stable -
238 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Infrastructure Entity 23-Oct-20 Upgrade A A2 Stable -
239 Engro Eximp Agriproducts (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 16-Oct-20 Maintain A- A2 Stable -
240 Habib Construction Services Limited
Press Release | Report | History
Infrastructure Entity 16-Oct-20 Maintain BBB A2 Stable -
241 Reliance International Commodities Exports (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 16-Oct-20 Upgrade BB+ A3 Stable -
242 Awami Agro Commodities
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-20 Upgrade BBB- A2 Stable -
243 Hassan Ali Rice Export Company
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-20 Maintain BBB A2 Stable -
244 Liberty Power Tech Limited
Press Release | Report | History
Energy Entity 08-Oct-20 Maintain A+ A1 Stable -
245 MACPAC Films Limited
Press Release | Report | History
Consumers Goods & Services Entity 05-Oct-20 Maintain BBB- A3 Stable -
246 SGM Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 02-Oct-20 Maintain BBB- A3 Positive -
247 LalPir Power Limited
Press Release | Report | History
Energy Entity 01-Oct-20 Maintain AA A1 Stable -
248 PakGen Power Limited
Press Release | Report | History
Energy Entity 01-Oct-20 Maintain AA A1 Stable -
249 Atlas Power Limited
Press Release | Report | History
Energy Entity 30-Sep-20 Maintain AA- A1+ Stable -
250 Popular Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-20 Maintain BBB+ A2 Stable -
251 Noon Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-20 Upgrade BBB+ A2 Stable -
252 Thardeep Microfinance Foundation
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Banks Entity 30-Sep-20 Maintain BBB A3 Stable Yes
253 Chanar Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-20 Maintain BBB- A3 Stable -
254 Mehran Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-20 Maintain A- A2 Stable -
255 Ravi Automobile (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 29-Sep-20 Maintain BBB A2 Stable -
256 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 29-Sep-20 Upgrade A- A2 Stable -
257 First Punjab Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 25-Sep-20 Maintain A- A2 Stable -
258 Ellcot Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Sep-20 Maintain A- A2 Stable -
259 First Habib Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 25-Sep-20 Maintain AA+ A1+ Stable -
260 Askari Cement Limited
Press Release | Report | History
Infrastructure Entity 25-Sep-20 Maintain A A1 Stable -
261 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 25-Sep-20 Upgrade AA- A1 Stable -
262 Kashf Foundation
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Banks Entity 25-Sep-20 Maintain A- A2 Stable Yes
263 Nagina Cotton Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Sep-20 Maintain A- A2 Stable -
264 First Fidelity Leasing Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 25-Sep-20 Maintain BBB+ A2 Stable -
265 Prosperity Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Sep-20 Maintain A- A2 Stable -
266 Nishat Power Limited
Press Release | Report | History
Energy Entity 25-Sep-20 Upgrade AA- A1 Stable -
267 Thar Energy Limited
Press Release | Report | History
Energy Entity 24-Sep-20 Initial A- A2 Stable Yes
268 Global Marketing Services
Press Release | Report | History
Pharma and Chemicals Entity 23-Sep-20 Upgrade BBB- A3 Stable -